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(each, a “Fund” and collectively, the “Funds”)

Supplement dated October 15, 2014 to the
Prospectus of each Fund

Each Fund’s Prospectus is hereby amended as follows:

The section entitled “Account Information — How to Buy and Sell Shares,” “Account Information — How to Buy, Sell and Transfer Shares” or “Account Information — How to Buy, Sell, Exchange and Transfer Shares,” as applicable, in each Fund’s Prospectus is hereby amended to insert the following after the first paragraph:

With certain limited exceptions, the Funds are generally available only to investors residing in the United States and may not be distributed by a foreign Financial Intermediary. Under this policy, in order to accept new accounts or additional investments (including by way of exchange from another Fund) into existing accounts, a Fund generally requires that (i) a shareholder that is a natural person be a U.S. citizen or resident alien, in each case residing within the United States or a U.S. territory (including APO/FPO/DPO addresses), and have a valid U.S. taxpayer identification number, and (ii) a Financial Intermediary or a shareholder that is an entity be domiciled in the United States and have a valid U.S. taxpayer identification number or be domiciled in a U.S. territory and have a valid U.S. taxpayer identification number or W-8. Any existing account that is updated to reflect a non-U.S. address will also be restricted from making additional investments.

Shareholders should retain this Supplement for future reference.

PRO-MULTI-1014SUP